Banca Naţională a României

On September 30^th 2013, the National Bank of Romania’s foreign exchange reserves stood at EUR 33,086 million, compared to EUR 32,173 million on August 31^st 2013.

During the month, the following flows have taken place:

• EUR 1,856 million inflows, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the European Commission’s account, inflows into the Ministry of Public Finances’ accounts (including the amount resulted from the issuance of euro denominated bonds by the Ministry of Public Finances on the foreign market of EUR 1,500 million nominal value) a.s.o.;
• EUR 943 million outflows, representing changes in the foreign exchange reserve requirements of the credit institutions, interest and principal payments on foreign currency public debt a.s.o. The interest and principal payments on foreign currency public debt category includes the eleventh principal instalment on Romania’s loan from the International Monetary Fund (with the National Bank of Romania’s payments totalizing EUR 121.6 million and the Ministry of Public Finances’ payments amounting to EUR 121.6 million).

The gold stock remained unchanged at 103.7 tonnes. However, following the change in the international price of gold, its value amounted to EUR 3,300 million.

The international reserves of Romania (foreign currencies and gold) on September 30^th 2013 stood at EUR 36,386 million, compared to EUR 35,680 million on August 31^st 2013.

During the month of October 2013, the payments due on public and publicly guaranteed foreign currency denominated debt amount to approximately EUR 217 million.